Insurance in China
Insurance in China
Summary
Insurance in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Insurance in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The Chinese insurance market is expected to generate total gross written premiums of $593.9bn in 2020, representing a compound annual growth rate (CAGR) of 7.3% between 2016 and 2020.
- The life insurance segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $323.0bn, equivalent to 54.4% of the market's overall value.
- One of the main drivers of insurance spending is consumer confidence.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in China
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China insurance market with five year forecasts
- What was the size of the China insurance market by value in 2020?
- What will be the size of the China insurance market in 2025?
- What factors are affecting the strength of competition in the China insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up China's insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How the COVID-19 outbreak has impacted the sector?
8 COMPANY PROFILES
8.1. Ping An Insurance (Group) Company of China, Ltd.
8.2. China Life Insurance Co Ltd
8.3. The People's Insurance Company (Group) of China Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How the COVID-19 outbreak has impacted the sector?
8 COMPANY PROFILES
8.1. Ping An Insurance (Group) Company of China, Ltd.
8.2. China Life Insurance Co Ltd
8.3. The People's Insurance Company (Group) of China Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: China insurance market value: $ billion, 2016-20(e)
Table 2: China insurance market category segmentation: $ billion, 2020(e)
Table 3: China insurance market geography segmentation: $ billion, 2020(e)
Table 4: China insurance market value forecast: $ billion, 2020-25
Table 5: China insurance market share: % share, by value, 2020(e)
Table 7: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 9: China Life Insurance Co Ltd: Key Employees
Table 11: The People's Insurance Company (Group) of China Ltd: Key Employees
Table 12: China size of population (million), 2016-20
Table 13: China gdp (constant 2005 prices, $ billion), 2016-20
Table 14: China gdp (current prices, $ billion), 2016-20
Table 15: China inflation, 2016-20
Table 16: China consumer price index (absolute), 2016-20
Table 17: China exchange rate, 2015-19
Table 1: China insurance market value: $ billion, 2016-20(e)
Table 2: China insurance market category segmentation: $ billion, 2020(e)
Table 3: China insurance market geography segmentation: $ billion, 2020(e)
Table 4: China insurance market value forecast: $ billion, 2020-25
Table 5: China insurance market share: % share, by value, 2020(e)
Table 7: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 9: China Life Insurance Co Ltd: Key Employees
Table 11: The People's Insurance Company (Group) of China Ltd: Key Employees
Table 12: China size of population (million), 2016-20
Table 13: China gdp (constant 2005 prices, $ billion), 2016-20
Table 14: China gdp (current prices, $ billion), 2016-20
Table 15: China inflation, 2016-20
Table 16: China consumer price index (absolute), 2016-20
Table 17: China exchange rate, 2015-19
LIST OF FIGURES
Figure 1: China insurance market value: $ billion, 2016-20(e)
Figure 2: China insurance market category segmentation: % share, by value, 2020(e)
Figure 3: China insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: China insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance market in China, 2020
Figure 6: Drivers of buyer power in the insurance market in China, 2020
Figure 7: Drivers of supplier power in the insurance market in China, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in China, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in China, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in China, 2020
Figure 11: China insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
Ping An Insurance (Group) Company of China, Ltd.
China Life Insurance Co Ltd
The People's Insurance Company (Group) of China Ltd
Figure 1: China insurance market value: $ billion, 2016-20(e)
Figure 2: China insurance market category segmentation: % share, by value, 2020(e)
Figure 3: China insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: China insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance market in China, 2020
Figure 6: Drivers of buyer power in the insurance market in China, 2020
Figure 7: Drivers of supplier power in the insurance market in China, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in China, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in China, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in China, 2020
Figure 11: China insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
Ping An Insurance (Group) Company of China, Ltd.
China Life Insurance Co Ltd
The People's Insurance Company (Group) of China Ltd
